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Jan 14, 2013
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monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to regulate this closely? making sure that banks are abi
monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for...
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Jan 20, 2013
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from 50,000 on down, 60,000 on down, why not tax us? he just tax the people that are higher? host: thank you for the call. let me use this point -- we are not focusing as much on budgets and taxes, but these are tougher economic times and this is something these committees have taken into account? guest: that was the driver behind scaling down from 10 balls to two. george bush in his second inauguration also had 10. that is where the standard was. that has been cut way back. there will be a concert on the national mall with bruce springsteen. there have been efforts not to overspend and there is a willingness to acknowledge that so many americans are having a tough economic times. host: tony, who morning. thank you for calling in. caller: thank you. i want to know, white people started all the money stuff. this president, why is he getting slammed on and all this stuff? i am a black man, he is our president. support him. host: thank you for the call. comments? guest: he makes a good point. these festivities, it is really more about the office of the presidency and it is a cha
from 50,000 on down, 60,000 on down, why not tax us? he just tax the people that are higher? host: thank you for the call. let me use this point -- we are not focusing as much on budgets and taxes, but these are tougher economic times and this is something these committees have taken into account? guest: that was the driver behind scaling down from 10 balls to two. george bush in his second inauguration also had 10. that is where the standard was. that has been cut way back. there will be a...
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Jan 14, 2013
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 13, 2013
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host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for senator hagel's side. if he says the wrong thing, he could lose his position in the community. it is astonishing to me that people have been so wrong from day one. the people have been wrong. iraq is a disaster with trillions of dollars. afghanistan is a disaster. we do not know what is going on. in syria, the christians are terrified. chuck hagel is reasonable. what did he say that has so destructive -- disrupted it all? he said the jewish lobby intimidate people. to people knowledgeable and aware, this is not an issue. host: this is someone from the republican line. this is slowly an
host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for...
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Jan 21, 2013
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as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did that. president reagan did that. it is more of a model that reagan used. you will see him apply that to all of the issues in the pipeline. host: let me go back to something the president said in his address today. he talked about life, liberty, and the pursuit of happiness. in terms of the tactics of moving ahead on the guns agenda, we also heard the president last week talking about the inalienable rights of the average american, and that includes protecting our children. you can see a different twist on the constitut
as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did...
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Jan 20, 2013
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tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. he said later on the soviet leaders kept a dying on him. -- dying on him. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a speech in june of 1987 in berlin. [video clip] >> we welcome change and openness. we believe that freedom and security go together. the advance of human liberty, the advance of human liberty can only strengthen the cause of world peace. there is one sign that the soviets can make that would beunmistakable, that would -- be unmistakable, that would advance dramatically the cause of freedom and peace. if you seek peace, if you seek peace and prosperity, if you seek liberalization, come here t
tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. he said later on the soviet leaders kept a dying on him. -- dying on him. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing...
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Jan 18, 2013
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type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked about in his fair well address 52 years ago this week. from our twitter page there is this from one of our viewers -- rick is joining us from maryland democrats line. good morning. caller: good morning. i think the government should be a part of our life, because without the government all these millionair
type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across...
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Jan 19, 2013
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we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's coming up in the program. you have been watching the white house. this week president obama as part of his proposal on gun violence had a study on violent video games and cheryl olson the author of "grand theft childhood." later john lott will join us. he is the author of "more guns, less crime." he will be on to talk about the president's proposal to reduce gun violence. all throughout the district of columbia we have our c-span photographers out there taking in photos and event it's leading up to the inauguration.
we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's...
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Jan 19, 2013
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the think after spending a million and have tax dollars, my sister is correct. if you have a good kid with good friendships and current supervision, the violent games are like comic books from the 1950's that were subversive, like "mad" magazine. host: the subtitle of your book implies there are concerns. guest: what parents can do is parent. i recommend that parents go to the entertainment ratings board site. there is not a summary of the plot and what they're credited with it did. -- now a summary of the plot and why they are rated up with corporate he went to look at games, -- rated. you want to look at games and see if they fit your values. host: troy is our last call. on the republican line. guest: most kids who play these games now, they play online. they are not isolated back in the 99 eighties and 1990's. -- like back in the 1980's and 19690's. they talk on microphones to which other. -- to each other from house to house. guest: again like grand theft auto, they're not getting children in the game. that would make the fantasy yucky. the caller makes good
the think after spending a million and have tax dollars, my sister is correct. if you have a good kid with good friendships and current supervision, the violent games are like comic books from the 1950's that were subversive, like "mad" magazine. host: the subtitle of your book implies there are concerns. guest: what parents can do is parent. i recommend that parents go to the entertainment ratings board site. there is not a summary of the plot and what they're credited with it did....
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Jan 16, 2013
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the president ran on raising taxes on the upper class. he raised taxes on 77% of us. where are the spending cuts? guest: the president laid out in his press conference there have been $1.5 trillion in terms of spending cuts and caps on appropriation bills. those caps have been adhered to. it is a myth we have not had spending cuts. are we going to hit health care? i feel deeply in terms of research. a quick story. my wife ran a group at nih. when she started, there would have for peer review 100 applications. maybe 50 of them were topflight and there were reviewed by peer review. out of that they might pick 25 that should be funded. in those days, there was enough money of the top caliber to fund may be 10, 15. wo, or it is one, tow, o three of the original 100. there is not adequate funding for our health. are we going to further cut funding for nih for health research in this country? we need to retrain americans so they can qualify for every kind of job. we have a trainee deficit in this country. we need to do a better job. are we going to hurt that effort? that is
the president ran on raising taxes on the upper class. he raised taxes on 77% of us. where are the spending cuts? guest: the president laid out in his press conference there have been $1.5 trillion in terms of spending cuts and caps on appropriation bills. those caps have been adhered to. it is a myth we have not had spending cuts. are we going to hit health care? i feel deeply in terms of research. a quick story. my wife ran a group at nih. when she started, there would have for peer review...
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Jan 15, 2013
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or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 of the constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3, whenever the president transmits to the president pro tempore of the senate and the speaker of the house of representatives his written declaration that he is unable to discharge the powers and duties of his office, and until he transmits to them a written declaration to the contrary, such powers and duties shall be discharged by the vice president as acting president. mr. goodlatte: i yield to the gentleman from maryland, mr. delaney. mr. delaney. section -- mr. delaney: section 4, whenever the vice presiden
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 of the constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3,...
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Jan 21, 2013
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but also comprehensive tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a speech in june of 1987 in berlin. [video clip] >> we welcome change and openness. we believe that freedom and security go together. the advance of human liberty, the advance of human liberty can only strengthen the cause of world peace. there is one sign that the soviets can make that would beunmistakable, that would advance dramatically the cause of freedom and peace. general secretary gorbachev, if you seek peace, if you seek prosperity for the soviet union and eastern europe, come to this gate. mr. gorbachev, open this gate. mr. gorbachev, tear down this wall.
but also comprehensive tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the...
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Jan 15, 2013
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and they don't deserve or need our federal tax dollars. that's why on the first day of this congress i introduced the title 10 abortion provider prohibition act. it's h.r. 61. planned parenthood's 2011-2012 annual report showed they received a record $542 million in taxpayer funding while simultaneously performing a record number of abortions. actually, one every 94 seconds. so in 94 seconds, they performed that abortion, they take in over $1,600 in federal taxpayer money and their funding has increased by 11% in the last two years. even though former employees of planned parenthood say the organization promotes sex selection, abortions, engages in could he hearsive behavior and fails to maintain financial records in accordance with the law. i encourage my colleagues to support h.r. 61 so we can get a hold on this big abortion businesss, hold them accountable, clean up the title 10 grant program and end taxpayer funneling -- funding of abortion. i yield back. the speaker pro tempore: for what purpose does the gentleman from georgia seek re
and they don't deserve or need our federal tax dollars. that's why on the first day of this congress i introduced the title 10 abortion provider prohibition act. it's h.r. 61. planned parenthood's 2011-2012 annual report showed they received a record $542 million in taxpayer funding while simultaneously performing a record number of abortions. actually, one every 94 seconds. so in 94 seconds, they performed that abortion, they take in over $1,600 in federal taxpayer money and their funding has...
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Jan 17, 2013
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the way to do that is through a fair, flat tax. host: we are not really talking about that this morning. we are talking about the gun proposals specifically. what kind of gun do you have? caller: i have more than one because i am a hunter. i enjoy hunting. again, back to what we were saying before. that is about all i want to say about it. i think mr. obama and the congress both do not have a clue about what is going on out here in the real world. host: adalfo, what are your thoughts? caller: when i went to high school there was a police presence at all times. the sheriffs are the -- in charge of the campus. in regards to the president's comments, i think there are far reaching and might be unconstitutional. i helped john boehner and mitch mcconnell work hard to prevent him -- i hope john boehner and mitch mcconnell work hard to prevent him from doing whatever he wants. he cannot do what ever he wants. i think they should work together. it was a sad thing what happened on the east coast. that does not go to the root of the problem.
the way to do that is through a fair, flat tax. host: we are not really talking about that this morning. we are talking about the gun proposals specifically. what kind of gun do you have? caller: i have more than one because i am a hunter. i enjoy hunting. again, back to what we were saying before. that is about all i want to say about it. i think mr. obama and the congress both do not have a clue about what is going on out here in the real world. host: adalfo, what are your thoughts? caller:...
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Jan 18, 2013
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tax rolls. barbara taxes, business licensees, -- property taxes, business licensees. abortion or the unemployment rate decrease down to 7.4%. -- we have seen our unemployment rate decreased down to 7.4%. a great focus on regionalism. host: with so much talk about the debt and deficit, cities often do that by floating bonds. explain how that works in mesa, arizona. guest: we do not go into debt to cover deficits. mostwe get our fiscal cliff literally three and four years ago. we had to figure it out on a cash basis counterbalance our budget. westreets, police stations, mainly some work, water, those kinds of things. these are financed with tax- exempt invisible bonds. hundreds of billions, if not trillions of dollars. one of the proposals that does not seem to want to die is to somehow tinker or eliminate the tax-exempt status of municipal bonds. this is extremely important to us. you are talking about the basic financing infrastructure itself of cities and states. that is huge. mesa is not a hea
tax rolls. barbara taxes, business licensees, -- property taxes, business licensees. abortion or the unemployment rate decrease down to 7.4%. -- we have seen our unemployment rate decreased down to 7.4%. a great focus on regionalism. host: with so much talk about the debt and deficit, cities often do that by floating bonds. explain how that works in mesa, arizona. guest: we do not go into debt to cover deficits. mostwe get our fiscal cliff literally three and four years ago. we had to figure it...
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Jan 18, 2013
01/13
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tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care system. it is a disgrace. the robin hood tax can generate $350 billio
tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real...
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Jan 21, 2013
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tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a speech in june of 1987 in berlin. [video clip] >> we welcome change and openness. we believe that freedom and security go together. the advance of human liberty, the advance of human liberty can only strengthen the cause of world peace. there is one sign that the soviets can make that would beunmistakable, that would advance dramatically the cause of freedom and peace. general secretary gorbachev, if you seek peace, if you seek prosperity for the soviet union and eastern europe, come to this gate. mr. gorbachev, open this gate. mr. gorbachev, tear down this wall.
tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a...
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Jan 15, 2013
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what i said was we weren't going to extend bush tax cuts for the wealthy -- and we didn't. now, you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000 and we ended up being at $400,000. but the fact of the matter is millionaires, billionaires are paying significantly more in taxes, just as i said. so from the start, my concern was making sure that we had a tax code that was fair and that protected the middle class, and my biggest priority was making sure that middle-class taxes did not go up. the difference between this year and 2011 is the fact that we've already made $1.2 trillion in cuts. and at the time, i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package. but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made those cuts. now, the challenge going forward is that we've now made some big
what i said was we weren't going to extend bush tax cuts for the wealthy -- and we didn't. now, you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000 and we ended up being at $400,000. but the fact of the matter is millionaires, billionaires are paying significantly more in taxes, just as i said. so from the start, my concern was making sure that we had a tax code that was fair and that protected the middle class, and my biggest priority was making sure...
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Jan 16, 2013
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i think his approach raising taxes is not the way to grow our economy. nonetheless, he indicated there would be spending cuts. there were not. in fact there were spending increases in that bill. host: fix boxer's original assault gun ban. echoing a recent poll that said 30% of those polled are dissatisfied with gun laws, want to see them strengthened. not specific gun laws but, you know, saying we need to reinstitute the assault weapons ban and fix it. guest: well, the evidence -- again, we are certainly willing to listen to proposals that are offered by the president and his commission and by others, but the original assault weapons ban was not a meaningful law because it did not distinguish between the so-called assault weapon and other types of firearms that fire bullets exactly the same way in which over 100 million americans are owners of these firearms. host: could i stop you there? guest: i think that's the problem with the assault weapons ban. people think it involves machine guns and it does not. host: the new york state, as you know, just passe
i think his approach raising taxes is not the way to grow our economy. nonetheless, he indicated there would be spending cuts. there were not. in fact there were spending increases in that bill. host: fix boxer's original assault gun ban. echoing a recent poll that said 30% of those polled are dissatisfied with gun laws, want to see them strengthened. not specific gun laws but, you know, saying we need to reinstitute the assault weapons ban and fix it. guest: well, the evidence -- again, we are...
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Jan 16, 2013
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or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 othe constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3, whenever the president transmits to the president pro tempore of the senate and the speaker of the house of representatives his written declaration that he is unable to discharge the powers and duties of his office, and until he transmits to them a written declaration to the contrary, such powers and duties shall be discharged by the vice president as acting president. mr. goodlatte: i yield to the gentleman from maryland, mr. delaney. mr. delaney. section -- mr. delaney: section 4, whenever the vice president
or other tax. section 2, the congress shall have power to enforce this article by appropriate legislation. amendment 25 othe constitution. section 1, in case of the removal of the president from office or of his death or resignation, the vice president shall become president. section 2, whenever there is a vacancy in the office of the vice president, the president shall nominate a vice president who shall take office upon confirmation by a majority vote of both houses of congress. section 3,...
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Jan 21, 2013
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it seems to me it is tax and spend. let's not talk about the deficit. let's talk about gun control. these priorities are skewed. host: that was stated in the bronx, new york. we want to show you a video of harry -- talking about presidential artifacts. >> part of it is just about the enthusiasm. are meant to be days of national celebration and national unity. they are not always that way, but they are souvenirs' that .eople may create in the days of george washington, there were bronze buttons and pendants that people could buy things from --that people could buy. i particularly like this, a glass tray, sold on that day. it is to mimic a card. it has generally 20th, 1961, marking president kennedy costs of moving. moving.dy's the idea that people get license plates -- these are good for a day or a week. you can put them on the -- under cars. you are part of the celebration. go to the parade. this happens to be kennedy in 1961. you can watch the crowd up above for those of us who are a little bit shorter. we see these kinds of continuity, this ongoing, both the material and this expr
it seems to me it is tax and spend. let's not talk about the deficit. let's talk about gun control. these priorities are skewed. host: that was stated in the bronx, new york. we want to show you a video of harry -- talking about presidential artifacts. >> part of it is just about the enthusiasm. are meant to be days of national celebration and national unity. they are not always that way, but they are souvenirs' that .eople may create in the days of george washington, there were bronze...
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Jan 22, 2013
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so we must harness new ideas and technology to remake our government, revamp our tax code, reform our schools, and empower our citizens with the skills they need to work harder, learn more, reach higher. but while the means will change, our purpose endures: a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future.(applause) our past, when twilight years were spent in poverty and parents of a child with a disability had nowhere to turn. we do not believe that in this country freedom is reserved for the lucky, or happiness for the few. responsibly we live our lives, any one of us at any time may face a job loss, or a sudden illness
so we must harness new ideas and technology to remake our government, revamp our tax code, reform our schools, and empower our citizens with the skills they need to work harder, learn more, reach higher. but while the means will change, our purpose endures: a nation that rewards the effort and determination of every single american. that is what this moment requires. that is what will give real meaning to our creed. we, the people, still believe that every citizen deserves a basic measure of...